A new generation of satellite connectivity is planned, with the European Union mostly footing the bill. SES, Eutelsat, and their IFC customers also stand to benefit from the program.
Adel Al-Saleh
SES snags Intelsat for $3.1 billion
SES will acquire Intelsat in a $3.1 billion transaction, continuing the consolidation trend in the satellite provider space. Not surprisingly, the mobility segment plays a significant role in driving the value of the deal.